Carmen Li's Plan to Build a Futures Market for Compute
6/15/202633 min
When we spoke to DRW's Don Wilson last year, he talked about building out a GPU market that might be bigger than oil. Now, a year later, he is working with Carmen Li to do just that. Li is the CEO of two companies — Silicon Data and Compute Exchange (where she works alongside Wilson). The former company is building the index for GPU pricing while the latter is a spot marketplace for GPU procurement. Today's episode — recorded at our live show at City Winery in New York — gets into how Li is building a whole new market for GPUs at her two companies. We talk about the challenge of standardizing compute, GPU price volatility, if used GPUs are like used cars, what goes into constructing a GPU index, and what it means to win the GPU lottery.
Read more:
Jane Street Plans New Data Center as Computing Power Runs Scarce
SpaceX Inks $30 Billion Computing Power Deal With Google
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First 90 secondsJune Grasso0:00
[upbeat music] I'm June Grosso, inviting you to join me for the Bloomberg Law podcast. Every weekday, we help you make sense of the legal stories that shape the nation and the world. Listen for complete analysis of the biggest court cases, the latest actions from Congress and regulators, and the legal moves driving the markets. From corporate law to constitutional law, and from state courts to the Supreme Court, at Bloomberg Law, we go beyond the day's headlines. We speak with top attorneys, judges, scholars, and policy experts to break down what the rulings really mean. We do this every weekday, then bring you the best conversations in our daily podcast. Search for Bloomberg Law on YouTube, Apple, Spotify, or anywhere else you listen. On the East Coast, listen as you start your day, and on the West Coast, catch up in the evening. That's the Bloomberg Law podcast with me, June Grosso. Subscribe today wherever you get your podcasts.
Speaker 20:59
[upbeat music] Bloomberg Audio Studios. Podcasts. Radio. News.
Tracy Alloway· Host1:07
[upbeat music] Hello, and welcome to another episode of the Odd Lots podcast. I'm Tracy Alloway.
Joe Weisenthal· Host1:22
And I'm Joe Weisenthal.
Tracy Alloway· Host1:24
So Joe, we're still continuing our series recorded from the live show in New York.
Joe Weisenthal· Host1:29
Yeah.
Tracy Alloway· Host1:29
We had a bunch of great